Post by rabia85852 on Oct 27, 2024 4:25:01 GMT 1
Just a week ago we had the opportunity to participate in the Web Summit in Rio for the second consecutive year, a three-day event that brings together the most important companies and experts in the world of technology and innovation to network and discuss the future challenges and difficulties of the industry at a global level. That is why, at Mentalidad Web we share with you a summary of the most relevant aspects of the congress.
Latin America's role in the growth of artificial intelligence
Artificial Intelligence (AI) took over the first day of Web Summit Rio 2024 , as it was addressed from various perspectives such as geopolitics, workplaces and startup ecosystems. Beyond the initial enthusiasm for emerging technologies such as ChatGPT, the discussion focused on analyzing AI innovation models around the world, with the aim of preventing the flight of talent in this field and avoiding another technology valuation bubble.
Brazil's position in the AI race was discussed, highlighting that, despite global competition, certain countries in the global south, such as Brazil, have a privileged on page seo service position by not being such powerful players in this field. The importance of considering cultural and ethical aspects in innovation in a context of intensified competition due to AI was emphasized.
As for AI startups, the advice was to focus on getting paying customers for a service, rather than seeking investors, highlighting that true innovation lies in small companies that focus strictly on technologies that develop real-world solutions with tangible results.
Finally, it was noted that while AI can solve financial management problems, it cannot solve tensions in human relationships under financial stress, as expressed by Noh founder Ana Zucato. In addition, the push towards supercomputing infrastructure in Brazil was highlighted, with the upcoming arrival of a new Nvidia supercomputer reinforcing the country's potential in AI growth.
The role of cryptocurrencies today
Another central topic during the Web Summit was cryptocurrencies and their role in Latin American fintechs . Mike Brock, CEO of TBD, highlighted Bitcoin’s potential to enable new value transfer opportunities globally, although he pointed out the need to develop infrastructure for its institutional use. Despite the benefits, Mike warned about the transaction risks associated with the lack of legal recourse in blockchain payments.
On the other hand, Emily Chu, COO of TBD, highlighted the importance of solving identity and trust issues to attract interest in their protocol, emphasizing the real utility that cryptocurrencies can offer to those excluded from the traditional banking system.
In short, fintechs in Latin America are experiencing significant growth despite the obstacles, and are heading towards a future with multiple transaction platforms, where cryptocurrencies play an increasingly relevant role.
Investment in technology at the service of the planet
The Rio Web Summit also addressed globally relevant issues such as the preservation of our ecosystem and the role of technology , as environmental conservation experts and entrepreneurs discussed innovative ways to protect rainforests and address climate change. Helena Gualinga, from the Collective of Indigenous Youth of Amazon Defenders, highlighted the struggle of indigenous communities against extractivism in the Amazon rainforest and the importance of sovereignty over their lands.
On the other hand, Peter Fernandez from Mombak highlighted the need for massive investments in reforestation, noting that Brazil has great potential to become a leader in carbon removal. Initiatives such as the use of drones to sow seeds in deforested areas were also highlighted, showing an innovative approach to ecosystem restoration.
Latin America's role in the growth of artificial intelligence
Artificial Intelligence (AI) took over the first day of Web Summit Rio 2024 , as it was addressed from various perspectives such as geopolitics, workplaces and startup ecosystems. Beyond the initial enthusiasm for emerging technologies such as ChatGPT, the discussion focused on analyzing AI innovation models around the world, with the aim of preventing the flight of talent in this field and avoiding another technology valuation bubble.
Brazil's position in the AI race was discussed, highlighting that, despite global competition, certain countries in the global south, such as Brazil, have a privileged on page seo service position by not being such powerful players in this field. The importance of considering cultural and ethical aspects in innovation in a context of intensified competition due to AI was emphasized.
As for AI startups, the advice was to focus on getting paying customers for a service, rather than seeking investors, highlighting that true innovation lies in small companies that focus strictly on technologies that develop real-world solutions with tangible results.
Finally, it was noted that while AI can solve financial management problems, it cannot solve tensions in human relationships under financial stress, as expressed by Noh founder Ana Zucato. In addition, the push towards supercomputing infrastructure in Brazil was highlighted, with the upcoming arrival of a new Nvidia supercomputer reinforcing the country's potential in AI growth.
The role of cryptocurrencies today
Another central topic during the Web Summit was cryptocurrencies and their role in Latin American fintechs . Mike Brock, CEO of TBD, highlighted Bitcoin’s potential to enable new value transfer opportunities globally, although he pointed out the need to develop infrastructure for its institutional use. Despite the benefits, Mike warned about the transaction risks associated with the lack of legal recourse in blockchain payments.
On the other hand, Emily Chu, COO of TBD, highlighted the importance of solving identity and trust issues to attract interest in their protocol, emphasizing the real utility that cryptocurrencies can offer to those excluded from the traditional banking system.
In short, fintechs in Latin America are experiencing significant growth despite the obstacles, and are heading towards a future with multiple transaction platforms, where cryptocurrencies play an increasingly relevant role.
Investment in technology at the service of the planet
The Rio Web Summit also addressed globally relevant issues such as the preservation of our ecosystem and the role of technology , as environmental conservation experts and entrepreneurs discussed innovative ways to protect rainforests and address climate change. Helena Gualinga, from the Collective of Indigenous Youth of Amazon Defenders, highlighted the struggle of indigenous communities against extractivism in the Amazon rainforest and the importance of sovereignty over their lands.
On the other hand, Peter Fernandez from Mombak highlighted the need for massive investments in reforestation, noting that Brazil has great potential to become a leader in carbon removal. Initiatives such as the use of drones to sow seeds in deforested areas were also highlighted, showing an innovative approach to ecosystem restoration.